Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria - 2023
Contents:
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria (CIF) - 2022
- Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria (FOB) - 2022
- Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria
- Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria (CIF) - 2022
In 2022, the average import price for seed; vegetable seed, of a kind used for sowings amounted to $7,397 per ton, growing by 8.6% against the previous year. Overall, the import price saw a modest increase. The most prominent rate of growth was recorded in 2016 an increase of 149%. As a result, import price attained the peak level of $24,505 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($66,330 per ton), while the price for Ukraine ($2,535 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria (FOB) - 2022
In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $4,166 per ton, growing by 2.2% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for seed; vegetable seed, of a kind used for sowings increased by +75.4% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Serbia ($3,418 per ton) and Afghanistan ($3,333 per ton), while the average price for exports to Turkey ($3,036 per ton) and the United States ($3,077 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria
In 2022, supplies from abroad of seed; vegetable seed, of a kind used for sowings decreased by -27.8% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 2.4K tons, and then contracted notably in the following year.
In value terms, imports of seed; vegetable seed, of a kind used for sowings fell markedly to $13M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 31%.
| Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.8 | 6.1 | 5.5 | 5.0 | 1.4% |
| Turkey | 0.2 | 0.4 | 3.9 | 1.9 | 111.8% |
| Ukraine | 1.9 | 3.4 | 2.2 | 1.7 | -3.6% |
| France | 1.2 | 1.1 | 1.1 | 1.1 | -2.9% |
| Italy | 0.1 | 0.4 | 0.3 | 0.5 | 71.0% |
| Germany | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
| Others | 1.9 | 2.3 | 3.2 | 2.5 | 9.6% |
| Total | 10.6 | 13.8 | 16.3 | 12.8 | 6.5% |
Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Bulgaria in 2022:
- Turkey (739.4 tons)
- Ukraine (658.8 tons)
- Italy (90.9 tons)
- Netherlands (75.2 tons)
- France (58.0 tons)
- Germany (52.4 tons)
Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria
In 2022, approx. 2.1K tons of seed; vegetable seed, of a kind used for sowings were exported from Bulgaria; dropping by -17.9% compared with the previous year's figure. Overall, exports continue to indicate a significant decrease. The smallest decline of -16.5% was in 2020.
In value terms, exports of seed; vegetable seed, of a kind used for sowings declined dramatically to $8.7M in 2022. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 1.6% against the previous year. As a result, the exports attained the peak of $13M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,413 | 4,609 | 4,635 | 3,152 | -2.6% |
| Mexico | 1,617 | 2,045 | 1,865 | 1,842 | 4.4% |
| Turkey | 1,799 | 1,519 | 161 | 339 | -42.7% |
| Afghanistan | 372 | N/A | 66.3 | 239 | -13.7% |
| Saudi Arabia | 670 | 952 | 288 | 205 | -32.6% |
| Serbia | N/A | 26.8 | 4.0 | 196 | 170.4% |
| Kosovo | N/A | 30.0 | 90.3 | 194 | 154.3% |
| Egypt | N/A | 621 | N/A | 65.8 | -67.4% |
| Canada | 978 | 637 | 347 | 1.7 | -88.0% |
| Jordan | 1,490 | 7.8 | 180 | N/A | -65.2% |
| Lebanon | 522 | 352 | 19.4 | N/A | -80.7% |
| Others | 1,943 | 2,206 | 2,761 | 2,507 | 8.9% |
| Total | 12,804 | 13,007 | 10,417 | 8,741 | -11.9% |
Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Bulgaria in 2022:
- United States (1024.3 tons)
- Mexico (569.4 tons)
- Turkey (111.5 tons)
- Afghanistan (71.6 tons)
- Saudi Arabia (64.2 tons)
- Kosovo (62.9 tons)
- Serbia (57.3 tons)
- Egypt (22.9 tons)
- Canada (0.4 tons)
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